Category Archives: Blog

Statement on COVID-19 and the Economic Outlook – Oregon Office of Economic Analysis

The public health and economic landscape has shifted dramatically in recent weeks. Our office continues to assess the damage and identify channels of impact on the economy. Given the scale of the events, economic forecasters are increasing assuming a recession in the baseline. However it is still too soon to know the full extent of […]
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COVID-19: Social Distancing, Isolation, and the Workforce

The public health situation continues to evolve in recent days. Equity and bond markets are dropping, signaling elevated concerns, to say the least. Here at home Governor Brown declared a public health emergency over the weekend, which helps fund state health programs and bring additional health care professionals into the fold. Source: COVID-19: Social Distancing, […]
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ODOT will open two week comment period on I-5 Rose Quarter project

The Oregon Department of Transportation just announced they’ll open a two-week comment period on the controversial I-5 Rose Quarter project. The news comes a day after revelations that the Oregon Transportation Commission planned to postpone a crucial upcoming meeting where they were slated to vote on whether or not ODOT will perform a more robust […]
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COVID-19: Social Distancing, Isolation, and the Workforce 

The public health situation continues to evolve in recent days. Equity and bond markets are dropping, signaling elevated concerns, to say the least. Here at home Governor Brown declared a public health emergency over the weekend, which helps fund state health programs and bring additional health care professionals into the fold. As our office noted […]
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Coronavirus, the Economy, and Oregon

Our office continues to get asked about the potential impacts of the coronavirus (COVID-19) on the economy. Long story short is that it is still too early to tell how much economic fallout will occur given the ongoing public health developments as the virus spreads. That said, we did write up our thoughts on the […]
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Record Low Unemployment Continues in Oregon

Oregon’s unemployment rate declined to 3.3 percent in January, the lowest on comparable records dating back to 1976. The December unemployment rate was revised downward to 3.4 percent. The U.S. unemployment rate was 3.6 percent in January. Annual revisions to the labor force data show that Oregon’s unemployment rate steadily declined throughout last year, from […]
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Young Oregonians and the Trades | Oregon Office of Economic Analysis

Two years ago our office really dug into the trades and classic blue collar occupations. Today we’re back with an updated look based on available Oregon data. Today, as then, the primary focus and concern is trying to see if younger workers are avoiding these potential career paths. This matters for at least a couple of […]
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Sunrise PDX Is Latest Progressive Group to Oppose Oregon Cap-and-Trade Bill

A bill that would aim to regulate and reduce greenhouse gas emissions in Oregon is dominating this year’s short legislative session. But while the political dynamic in Salem is mostly focused on Democrats who support the bill and Republicans who oppose it, the bill is also receiving pushback from progressive environmental groups in Portland. Source: […]
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Food for Thought: Shifting Drivers of Growth? | Oregon Office of Economic Analysis

Like the nation overall, Oregon is transitioning down to more sustainable rates of growth. Job gains are roughly in-line with what underlying demographics suggest the state needs to hold the unemployment rate steady. Eventually the cyclical drivers of growth will slow further and gains will be driven by productivity and the number of workers. Historically […]
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Oregon Workforce and Economic Information: Employers Report More than 57,000 Job Vacancies in 2019

Throughout the year, the Oregon Employment Department surveys private employers from all industries and areas of the state to ask about the job vacancies they are actively trying to fill. For each vacancy, the employer provides the job title, starting wage, and education and experience requirements for the job. They also specify whether their vacancies […]
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